Now leaving ThriventFunds.com

 

You're about to visit a site that is neither owned nor operated by Thrivent Asset Management.

In the interest of protecting your information, we recommend you review the privacy policies at your destination site.

Continue

Financial Professional Site Registration

Complete this form to get full access to the entire financial professional site.

By clicking “Register”, you agree to our privacy and security policies and that you are a financial professional.

Access will be granted immediately, but the registration process may take up to 5 business days to complete.

Thank you for registering

You can now enjoy all financial professional content.

If your download does not start automatically, click here.
Continue to Page

An error occurred

Please check back later.

FUND COMMENTARY

Thrivent Mid Cap Value Fund: Challenging the consensus

By Graham Wong, CFA, Senior Portfolio Manager | 10/31/2023

10/31/2023

 

Graham Wong, CFA, has learned to always be skeptical about consensus views by asking tough questions and using rigorous research.

Video transcript

Host: Finally, Graham, I’m sure it’s hard to pick just one, but what’s the most important lesson that you’ve learned investing in the equity space?

Wong: So, the most important lesson for me is to be skeptical about consensus views and groupthink. So, whether it’s Enron and WorldCom back in the Dot Com Crash, Lehman Brothers during the GFC, or SiVB recently, consensus thought they were impeccable franchises before they all went to zero. And, you know, what that is, is consensus tends to ignore risks until they blow up. And then after they blow up, they overreact and sell off everything in that area.

So, our process is always to challenge consensus views by asking tough questions and then follow that up with our own rigorous analysis. When consensus overreacts after the fact, we look for opportunities to generate alpha for our customers. And so, basically, we zig when the market zags.

Graham Wong, CFA
Senior Portfolio Manager

View Thrivent Mid Cap Value Fund

Related videos:

Thrivent Mid Cap Value Fund: Risk management

Watch now

Thrivent Mid Cap Value Fund: Defining value investing

Watch now

Thrivent Mid Cap Value Fund: Banking sector investing

Watch now

Related Insights

04/30/2024

A world of stocks: Behind the scenes of Thrivent Global Stock Fund

A world of stocks: Behind the scenes of Thrivent Global Stock Fund

A world of stocks: Behind the scenes of Thrivent Global Stock Fund

With a broad portfolio of more than 1,200 stocks from dozens of countries around the world, managing Thrivent Global Stock Fund (IILGX) encompasses a diverse team of managers and analysts, utilizing a complex cross-section of fundamental and quantitative strategies.

With a broad portfolio of more than 1,200 stocks from dozens of countries around the world, managing Thrivent Global Stock Fund (IILGX) encompasses a diverse team of managers and analysts, utilizing a complex cross-section of fundamental and quantitative strategies.

04/30/2024

04/23/2024

The benefits of short term with Thrivent Limited Maturity Bond Fund

The benefits of short term with Thrivent Limited Maturity Bond Fund

The benefits of short term with Thrivent Limited Maturity Bond Fund

The high interest rate market is a great opportunity for investors to explore short maturity bonds, especially with the expectation that the U.S. Federal Reserve may reduce interest rates two to three times in 2024.

The high interest rate market is a great opportunity for investors to explore short maturity bonds, especially with the expectation that the U.S. Federal Reserve may reduce interest rates two to three times in 2024.

04/23/2024